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Nairaland Forum / Nairaland / General / Politics / Nigeria Discovers 196m Tonnes Of Coal In Edo State (1327 Views)
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Nigeria Discovers 196m Tonnes Of Coal In Edo State by mcvaeey(m): 9:44pm On Aug 25, 2015 |
On Tuesday, Nigerian geotechnical consultant Jidet Nigeria revealed that a group of indigenous mineral explorers have identified 196 million metric tonnes of coal reserves in Edo State, Southern Nigeria. The reserves are estimated to have a generation capacity of 1,200MW for 50 years with a believed construction cost of $1.5 billion, Olujide Pocon Tajudeen-Alan, head of the technical team at Jidet, told local newspaper The Daily Trust. Tajudeen-Alan said: "We have the capacity to produce 1,000MW electricity for the next 50 years from the coal reserve. As at now, we have confirmed a reserve of 196 million [metric tonnes].” Jidet has met with the Federal Ministry of Power in Abuja on how to attract technical partners and willing financiers with "a view to actualising the project", according to the newspaper report. "Our major reasons for coming here is we want to commence the application and processing of licences to officially enter into the power sector. We are also soliciting the support of experts in the ministry to guide us because initially we are mainly into mineral exploration,” the company said. Contributing to Nigeria's power generation Minister of Power Chinedu Nebo was represented by his special adviser on renewable energy, Dr. Albert Okorogu, who responded by saying that: "The meagre electricity we have in Nigeria is not sufficient so anything we have that we can tap into is very much welcomed.” Okorogu continued: "They have discovered coal in some unusual places that we have looked into and that's wonderful. If you look at our coal map, we have never actually mapped Edo as having coal. So the ministry will do all it can in ensuring that they move from mining coal to using it to generate power.” In March, the African Development Bank (AfDB) put up $200 million as a partial risk guarantee for the Nigerian power sector. The federal government will use the funds for expansion of coal-fired power plants in attempts to increase the country's power generation capacity. Managing director of the Nigeria Bulk Electricity Trading Rumundaka Wonodi said: “We are working with the World Bank for [a] partial risk guarantee to support the projects that we undertake; unfortunately, the World Bank is very reticent and they are not quite committed to giving support to coal because they deem it to be dirty fuel and not very good for the environment. He added: "However, the AfDB, which is African and understands that Africa needs power from every source that it can, is supporting coal." Source: http://www.google.com/url?q=http://www.esi-africa.com/nigeria-discovers-196m-tonnes-of-coal-in-edo-state/&sa=U&ved=0CAsQFjAAahUKEwjTkbbym8XHAhUJVywKHZ1ACxo&sig2=ETkaxl0TyLlR4F9uscNqAQ&usg=AFQjCNFU7JCbtXN5lfVjSsopM3GpO33uMQ |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by deadZONE: 9:44pm On Aug 25, 2015 |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by Nobody: 9:50pm On Aug 25, 2015 |
more source of IGR being divinely provided, backing off from crude oil no longer an option but a fiat... |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by WailingWailer00(m): 9:58pm On Aug 25, 2015 |
There's nothing in the SW and North, dry useless places |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by Meiji(m): 10:09pm On Aug 25, 2015 |
Managing director of the Nigeria Bulk Electricity Trading Rumundaka Wonodi said: “We are working with the World Bank for [a] partial risk guarantee to support the projects that we undertake; unfortunately, the World Bank is very reticent and they are not quite committed to giving support to coal because they deem it to be dirty fuel and not very good for the environment. 1. Even as "dirty" as coal may be, it's still much cleaner than the smoke from a million generators. 2. There are rather inexpensive technologies available nowadays that have dramatically improved the cleanliness of the coal power production process. Such technologies can be deployed to new coal-fired plants, I believe. We have no excuse not to take advantage of this relatively abundant and inexpensive power source to address our power needs. 1 Like 1 Share |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by lunaticfringe: 10:15pm On Aug 25, 2015 |
Udi Highlands has the largest deposits of coal in the African region... Why have the government not tapped into that area... Why talk of building a new structure when there is a structure in oji river, enugu state that needs a little upgrading and the power needs of the eastern region would be solved... |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by Ilekeh(f): 10:15pm On Aug 25, 2015 |
Edo state. The real coal city. 2 Likes |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by IsraeliAIRFORCE: 10:16pm On Aug 25, 2015 |
Has President Buhari recalled Prof. Nebo? mcvaeey: |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by Ilekeh(f): 10:17pm On Aug 25, 2015 |
WailingWailer00: If I hear. Wetin your people dey do in the SW and in North? Whats chasing you from returning to the East. 4 Likes |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by mcvaeey(m): 10:17pm On Aug 25, 2015 |
Ilekeh: 1 Like |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by EdCure: 10:19pm On Aug 25, 2015 |
7 Likes |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by Idrismusty97(m): 10:29pm On Aug 25, 2015 |
Now that's a coal city! |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by zuchyblink(m): 10:39pm On Aug 25, 2015 |
no sauce to eat these lies? |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by mcvaeey(m): 10:53pm On Aug 25, 2015 |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by yorubatic: 11:06pm On Aug 25, 2015 |
Now can they start agitating for Edo republic? They won't be welcome in our sophisticated and progressive Odu'a republic. .period...I hate ogogoro fishermen 1 Like |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by Emmyk(m): 11:08pm On Aug 25, 2015 |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by sammyj: 11:09pm On Aug 25, 2015 |
Biafra will now what to feast on edo state since enugu is no longer the only coal city. |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by Vicadonis(m): 12:40am On Aug 26, 2015 |
Oshiomole won't need the 75million dollars loan anymore. 1 Like |
Re: Nigeria Discovers 196m Tonnes Of Coal In Edo State by pazienza(m): 1:15am On Aug 26, 2015 |
This is a great news. More reason for Edo state to stop feeling threatened by Biafra imminent exit from Nigeria. Edo and her indigenes can now comfortably run their Edo republic( minus the Igbo speaking parts of Edo) with their coal reserves, and focus less on Biafra. 2 Likes |
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